Vanguard Real Estate ETF $VNQ Holdings Cut by Covenant Asset Management LLC

Covenant Asset Management LLC reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.0% in the second quarter, HoldingsChannel.com reports. The fund owned 18,729 shares of the exchange traded fund’s stock after selling 585 shares during the quarter. Covenant Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,668,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Reyes Financial Architecture Inc. boosted its position in Vanguard Real Estate ETF by 405.5% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 296 shares during the period. Aberdeen Wealth Management LLC bought a new stake in Vanguard Real Estate ETF in the first quarter valued at $40,000. Anderson Financial Strategies LLC bought a new stake in Vanguard Real Estate ETF in the first quarter valued at $41,000. Olistico Wealth LLC acquired a new position in shares of Vanguard Real Estate ETF during the first quarter valued at $44,000. Finally, CX Institutional grew its position in shares of Vanguard Real Estate ETF by 133.6% during the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 282 shares during the last quarter. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Up 1.0%

VNQ stock opened at $91.02 on Monday. The stock has a market cap of $34.12 billion, a PE ratio of 35.58 and a beta of 0.91. The firm’s 50-day simple moving average is $90.99 and its 200 day simple moving average is $89.43. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $99.20.

Vanguard Real Estate ETF Company Profile

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.